Ludlum Peter 4
4 · EMMAUS LIFE SCIENCES, INC. · Filed May 17, 2013
Insider Transaction Report
Form 4
Ludlum Peter
Exe Vice Pres. & CFO
Transactions
- Award
Incentive Stock Options
2013-02-28+500,000→ 500,000 totalExercise: $3.60Exp: 2023-02-27→ Common Stock (500,000 underlying) - Purchase
Common Stock
2013-01-28$3.60/sh+3,000$10,800→ 3,000 total
Footnotes (1)
- [F1]The option vests on a cliff basis for the first one-third (1/3) granted and monthly on a prorata basis for the remaining two-thirds (2/3) thereafter in equal amounts (or as close to an equal amount as possible) over the next 24 months beginning on February 28, 2014.